Greenhouse Gas Storage Act 2009
sec.127Right to terminate call for tenders
Start here
Get a plain-English read of sec.127
Turn the raw legal text into a practical explanation grounded in Greenhouse Gas Storage Act 2009.
sec.127 Right to terminate call for tenders
The Minister may by gazette notice terminate a call for tenders at any time before deciding whether to grant a GHG lease to a person who has made a tender in response to the call. All tenders in response to the call lapse when the call is terminated. No amount, whether by way of compensation, reimbursement or otherwise, is payable by the State to any person for or in connection with the termination. (sec.127-ssec.1) The Minister may by gazette notice terminate a call for tenders at any time before deciding whether to grant a GHG lease to a person who has made a tender in response to the call. (sec.127-ssec.2) All tenders in response to the call lapse when the call is terminated. (sec.127-ssec.3) No amount, whether by way of compensation, reimbursement or otherwise, is payable by the State to any person for or in connection with the termination.